Galway businessman Enda O’Coineen, the chairman of Kilcullen Kapital Partners, has signed a deal to buy the Sunday Business Post newspaper. Staff were told the newspaper business remains on course for a profitable 2018. New executive editorTom Lyons, a former business journalist with The Irish Times and the Sunday Times, has been appointed as executive editor of the Sunday Business Post. In a statement circulated by the business, Mr O’Coineen welcomed “the opportunity to build on The Sunday Business Post’s growing market share in print, digital journalism and events...”He said the business “is at the early stage of its potential”. According to the statement, Mr O’Coineen, who is based abroad, also said the Post deal gives him a reason “to spend more time on the island”.

Source: The Irish Times September 06, 2018 16:46 UTC